FG Considers 50% Vat Hike From 5%

The Federal Government on Tuesday revealed its plan to increase the Value Added Tax (VAT) up to 50 percent.   This is even as the upper...

Buhari Orders NNPC To Take Over Oil Block OML 11 From Shell

President Muhammadu Buhari has issued a directive to the Nigerian National Petroleum Corporation (NNPC) to take over Oil Mining Lease 11 from Shell Petroleum...

We Are Recruiting, Says NNPC

The Nigerian National Petroleum Corporation ( NNPC) says it has opened its portal for recruitment of fresh graduates and experienced professionals into the system. Mr...

FG Signs MOU For Local Production Of International Passports

The Ministry of Interior, Iris Smarts Technology Limited and the Nigeria Security, Printing and Minting PLC have signed an agreement to begin the production...

Buhari Flags Off Oil Drill In Northern Nigeria

The long awaited dream of oil and gas exploration in the northern part of Nigeria became a reality, yesterday, as President Muhammadu Buhari flagged...

Femi Otedola Divests From Forte Oil

Nigerian businessman, Femi Otedola, has agreed to sell the entirety of his 75 per cent direct and indirect shareholdings in Forte Oil.   In a letter...

Nigeria’s Unemployment Rate Rises To 23.1% – NBS

After months of delay, the National Bureau of Statistics on Wednesday finally released the Labour Statistics Report for the third quarter of this year...

Access, Diamond Bank Signs Acquisition Agreement

There are indications that Access Bank Group is close to acquiring Diamond Bank Plc, The Recorder has learnt. A senior official of Access Bank, who spoke on...

$8.1bn Refund: CBN, MTN Opt For Out-Of-Court Settlement

MTN Nigeria Communications Limited is currently in talks with the Central Bank of Nigeria (CBN) for an amicable resolution of the dispute which arose...

FG, States, LGS Shared N2.28tn In Q3 2018

Revenue disbursements by the Federation Account Allocation Committee (FAAC) to the three tiers of Nigeria’s government has witnessed a steady increase in three consecutive...
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African Football Legends Honour Ambode In Lagos

...As Testimonial Match For Gov Ends In Thrilling 4-4   …Eto’o To Ambode: I Hold You in High Esteem       The Agege Stadium in Lagos was buzzing with...

Atiku, PDP Plotting To Truncate Democracy, Says Lai Mohammed

Lai Mohammed, the minister of information and culture has said the Federal Government is in possession of strong evidence that the People's Democratic Party...

FG To Demolish Murtala Muhammed Airport

Minister of State for Aviation, Hadi Sirika, yesterday hinted that the Murtala Muhammed International Airport (MMIA) would be brought down to construct another one....